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Federal Treasurer backs economic recovery as NSW emerges from lockdown
by Annie Kane • 11 Oct 2021
EXCLUSIVE: As NSW today transitions out of lockdown, and with Victoria soon to follow, the federal Treasurer Josh...READ MORE
Privacy issues raised regarding CDR extension
by • 11 Oct 2021
The Treasury has published an analysis into the Consumer Data Right amendments, which warn of potential shortcomings in... READ MORE
Effi partners with SME loan comparison site
by Malavika Santhebennur • 11 Oct 2021
The mortgage broking platform has teamed up with a business loan comparison site to allow the site’s business... READ MORE
2 in 3 SMEs trying new funding options: ScotPac
by Sarah Simpkins • 11 Oct 2021
National research by the SME lender has shown a rising trend in businesses trialling new types of funding, with asset... READ MORE
Victoria releases $500m home-buyer fund
by Malavika Santhebennur • 8 Oct 2021
The state has launched a new home-buyer fund, under which it will pay 25 per cent of the property purchase price if... READ MORE
Brokers originated 72% of New Home Guarantees
by Annie Kane • 8 Oct 2021
More than half of FHLDS loans and nearly three-quarters of New Home Guarantees were originated by brokers in the... READ MORE
Buyers Choice confirms record month during 20th anniversary
by • 8 Oct 2021
The boutique aggregator reached a settlement record last month, which it marked as it celebrated its 20th year in... READ MORE
BOQ begins offering SME Recovery Loan Scheme
by Malavika Santhebennur • 8 Oct 2021
The non-major bank will partake in the expanded scheme to support those impacted by the COVID-19 crisis.
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N1 Holdings’ lending product added to MoneyQuest panel
by • 8 Oct 2021
The financial services provider’s direct lending product has been added to the lending panel of the mortgage broking... READ MORE
Hot Property: The biggest property headlines from the week 4-8 October
by Reporter • 8 Oct 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 8... READ MORE
‘Days of the monolined broker are over’, SME lenders warn
by Annie Kane • 7 Oct 2021
“Brokers of tomorrow” will need to provide a full-service offering – including commercial loan writing – to... READ MORE
Turnaround times top broker concerns: MyState
by Malavika Santhebennur • 7 Oct 2021
Most brokers have rated lender turnaround times as their biggest current concern, while over 60 per cent cited concerns... READ MORE
Neobank now available to Finsure brokers
by • 7 Oct 2021
86 400 has confirmed that it has joined the lending panel of the Australian aggregation group.
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Association heads flag downside risks of buffer changes
by Annie Kane • 6 Oct 2021
The two mortgage broker associations have flagged potential risks of increasing serviceability buffers, including... READ MORE
Banks to raise serviceability buffers
by Annie Kane • 6 Oct 2021
Banks will have to increase their serviceability buffers after being advised to do so by APRA.
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Brokers to access CDR data
by Sarah Simpkins • 6 Oct 2021
The government has made changes to the open banking regime, including opening up consumer data to mortgage... READ MORE
Former broker launches broker coaching program
by Annie Kane • 6 Oct 2021
Former Time Home Loans director Ruan Burger has launched a new coaching business for brokers, Success &... READ MORE
Connective Home Loans makes BDM appointments
by Malavika Santhebennur • 6 Oct 2021
Connective’s home loan division has announced promotions and appointments in its national BDM team.
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Pepper Commercial joins Aussie lending panel
by • 6 Oct 2021
The non-bank lender’s commercial products will now be open to brokers under the major aggregation group.
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RBA declares October cash rate
by Sarah Simpkins • 5 Oct 2021
The Reserve Bank has confirmed its cash rate decision for October, amid increasing talks of lending curbs.
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New regulatory regimes commence
by Annie Kane • 5 Oct 2021
A range of new financial services law has now come into effect, including reference checking protocols, breach... READ MORE
Dwelling approvals bounce back after stimulus wind-down
by Sarah Simpkins • 5 Oct 2021
Construction approvals for dwellings rebounded in August according to ABS data, rising after declines in the months... READ MORE
Prospa chair to join HSBC board
by • 5 Oct 2021
The non-major bank has confirmed that the chair of business lender Prospa will join its board as a non-executive... READ MORE
Fewer renovations being funded by debt: Houzz
by • 5 Oct 2021
Only one in 10 are now supported by mortgage refinancing, as cash reserves continue to build, according to a new... READ MORE
Owner-occupier lending dragged amid lockdowns
by Sarah Simpkins • 4 Oct 2021
The value of new home loans declined by 4.3 per cent in August, as owner-occupier lending fell amid ongoing COVID-19... READ MORE
Victorian SMEs to receive $2.3bn COVID support
by Malavika Santhebennur • 4 Oct 2021
A new $2.3 billion funding package has been announced to support Victorian SMEs over the next six weeks, when the state... READ MORE
MoneyMe secures $50m funding commitment
by Sarah Simpkins • 4 Oct 2021
The ASX-listed lender has signed a $50 million four-year-long funding agreement, with plans to grow its product... READ MORE
NAB to merge NAB-Advantedge sales teams
by Annie Kane • 1 Oct 2021
The major bank has combined the NAB Broker and Advantedge sales teams into one business, Broker... READ MORE
MyState Bank welcomes new BDMs
by • 1 Oct 2021
The non-major bank has announced two inclusions to its BDM team, including a senior mortgage broker.
READ MORE
‘Minimal change’ to ALI offering under deferred sales regime
by Annie Kane • 1 Oct 2021
The protection plans offered by brokers and aggregators through ALI Group are exempt from the incoming deferred sales... READ MORE
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KNOWLEDGE CENTRE
The Accountants SME Playbook
KNOW MOREUnderstanding management of Australian tax system complaints: The key...
KNOW MORESuccession planning in a time of crisis
KNOW MOREOverview of banks and capabilities for SME clients
KNOW MOREThe incoming insolvency storm
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